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Yahoo! News: Business - European Economy

Business - European Economy

Held in Ukraine, migrants cling to EU dream (Reuters) - July 8, 2008

Reuters - "Who paid money to be a prisoner" reads the graffiti on the wall of an illegal migrant detention camp in Ukraine where hundreds of Pakistanis, Bangladeshis, Somalians and Vietnamese are being held.
http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20080708/wl_nm/uk...

New Serb government to focus on EU, economy (Reuters) - July 7, 2008

Reuters - Serbia's new government will focus on quick entry into the European Union, strengthening the country's economy and keeping Kosovo as a part of Serbia, Prime Minister designate Mirko Cvetkovic said on Monday.
http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20080707/wl_nm/se...

Paris keeps ECB under pressure pre-eurozone talks (Reuters) - July 7, 2008

Reuters - France said on Monday it hoped the latest rise in euro zone interest rates was a one-off, setting the stage for a meeting where European Central Bank chief Jean-Claude Trichet will explain the move in person to the bloc's finance ministers.
http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20080707/bs_nm/eu...

European shares fall, Asia markets mixed (AP) - July 4, 2008

AP - European markets fell and Asian markets were mixed Friday as investors digested uneven readings on the U.S. economy and oil prices that remained near records. Japan posted its 12th straight day of losses.
http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ap/20080704/ap_on_bi...

EU, Russia optimistic about new energy deal (AP) - July 4, 2008

AP - The European Union and Russia said Friday they would discuss all aspects of energy cooperation including access to energy markets during negotiations on broader political and economic ties.
http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ap/20080704/ap_on_re...

Weak dollar is global concern: EU's Barroso (Reuters) - July 4, 2008

Reuters - The dollar's fall is a source of global concern and the European Union wants a better balance between the U.S. unit and other major currencies, European Commission President Jose Manuel Barroso said on Friday.
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Euro zone rate rise signals ECB serious: policymakers (Reuters) - July 4, 2008

Reuters - The European Central Bank's interest rate rise sends a signal that it is serious about combating inflation, policymakers said as they staged a public relations offensive to justify Thursday's increase.
http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20080704/bs_nm/ec...

ECB raises key rate to 4.25 percent (AP) - July 3, 2008

AP - Wary of higher energy and commodity prices, the European Central Bank raised its benchmark interest rate Thursday by a quarter percentage point to 4.25 percent, a move it hopes will help curtail rising inflation in the 15 countries that use the euro.
http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/ap/20080703/ap_on_bi...

Global stocks rise, euro falls after ECB decision (Reuters) - July 3, 2008

Reuters - The euro fell and shares and government bonds rallied on Thursday as the European Central Bank poured cold water on speculation of further aggressive interest rate hikes after raising them as expected.
http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http://news.yahoo.com/s/nm/20080703/bs_nm/ma...

British construction activity falls (AP) - July 2, 2008

AP - Construction activity in Britain declined in June at the fastest rate in 11 years, a supply institute said Wednesday, and a major home builder said it had been unable to raise more capital both signs of worsening conditions in the battered housing industry.
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